24 Jan 2024
Nearly four million self assessment taxpayers have yet to file their returns with only a week to go until the 31 January deadline, according to HMRC.
HMRC is expecting more than 12.1 million tax returns to be filed for the 2022/2023 tax year, along with any payment that is owed.
To date, more than 8.3 million online returns have already been received, with 3.8 million returns still outstanding.
HMRC is urging those taxpayers yet to file their tax return to act now or risk facing a £100 penalty.
Myrtle Lloyd, HMRC's Director General for Customer Services, said: 'If you are a self assessment taxpayer, now is the time to take action and get your return done. People can familiarise themselves with the process by checking out HMRC's online resources on GOV.UK.
'Once a tax return is submitted, it's easy to find out what's owed and to pay online or using the HMRC app.'
We have many years of experience in dealing with tax returns - please contact us if you require any assistance with self assessment.